Polymetal price range at 9.10 -10.35 pounds - sources
MOSCOW |
MOSCOW (Reuters) - Russian gold and silver miner Polymetal (PMTL.MM) has set an initial price range for its premium London listing at 9.10-10.35 pounds a share, two sources close to the placement said on Monday.
The company, which is seeking to raise $500 million (312 million pound) and entry to the FTSE 100, said earlier on Monday 83 percent of shareholders had accepted the terms of the offer and it would now proceed with the placement.
(Reporting By Olga Popova; Writing by John Bowker; Editing by Megan Davies)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters